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1. Money Supply and Housing Price Bubbles: Evidence from Micro-Experiments

Author

Zhang, Yang, Mao, Dongyue, Shi, Baoyi, and Seiler, Michael

Subjects
Monetary policy -- Analysis, Money supply -- Analysis, Real estate industry
Abstract

Many macro models exist in the extant literature suggesting an increase in the money supply will induce rising home prices. These models insist that aggressive monetary policy will increase housing [...]

Published
2018

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